{"id":584,"date":"2015-05-13T02:42:35","date_gmt":"2015-05-13T02:42:35","guid":{"rendered":"http:\/\/www.caicap.com\/?p=120"},"modified":"2015-05-13T02:42:35","modified_gmt":"2015-05-13T02:42:35","slug":"cbre-hotels-arranges-sale-of-wyndham-bay-point-resort-in-panama-city-beach","status":"publish","type":"post","link":"https:\/\/royalinkprojects.com\/cai\/cbre-hotels-arranges-sale-of-wyndham-bay-point-resort-in-panama-city-beach\/","title":{"rendered":"CBRE Hotels Arranges Sale of Wyndham Bay Point Resort in Panama City Beach"},"content":{"rendered":"

Panama City Beach, Florida \u2013 May 27, 2014<\/strong> \u2013 CBRE Hotels arranged the sale of the 319-room Wyndham Bay Point Resort, a 235,032-square-foot property located at 4114 Jan Cooley Drive in the Bay Point Resort Golf Club, along Saint Andrew\u2019s Bay in Panama City Beach, Florida. CAI Investment Series 2, LLC acquired the property from Bay Point Resort Assets, LLC. CBRE Hotels represented the seller.<\/p>\n

\u201cThe Wyndham Bay Point is a complicated property with a lot of moving parts, but it also affords tremendous upside once repositioned,\u201d said CBRE Hotels’ Paul Weimer. \u201cDespite numerous challenges, we were able to produce nearly two dozen competitive and qualified offers.\u201d<\/p>\n

The Wyndham Bay Point Resort includes more than 40,000 square feet of flexible indoor\/outdoor function space. In addition to food and beverage outlets, the property features such amenities as six pools, two whirlpools, two fitness rooms, five tennis courts, a children\u2019s playground and two 18-hole golf courses, including the only Jack Nicklaus golf course in Northwest Florida.<\/p>\n

Located in Florida\u2019s growing panhandle region, the Wyndham Bay Point Resort sits on 321 acres at the tip of Bay Point with frontage and private beach access along Saint Andrew\u2019s Bay. Over the last 10 years, more than $25 million was spent on capital improvements to the hotel, golf course and golf villas, and in the creation of a 12,000 square-foot spa.<\/p>\n

The Miami-based CBRE Hotels team representing the seller included Christian Charre, Paul Weimer, Natalie J. Castillo and CBRE’s John Lamberson, from the Memphis affiliate office.<\/p>\n

CBRE Hotels is a specialized advisory group within CBRE Group, Inc. providing brokerage, valuation and capital markets services to companies in the hotel sector. CBRE Hotels is comprised of over 150 dedicated hospitality professionals located in 37 offices across the globe. For more information, please visit our website at www.cbrehotels.com.<\/p>\n

About CBRE Group, Inc.
\nCBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world\u2019s largest commercial real estate services and investment firm (in terms of 2013 revenue). The Company has approximately 44,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through approximately 350 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.<\/p>\n

Source: http:\/\/www.cbrehotels.com\/EN\/PressCentre\/Pages\/Wyndham-Bay-Point-Resort-Panama-City-Beach-Transaction.aspx<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Panama City Beach, Florida \u2013 May 27, 2014 \u2013 CBRE Hotels arranged the sale of the 319-room Wyndham Bay Point Resort, a 235,032-square-foot property located at 4114 Jan Cooley Drive in the Bay Point Resort Golf Club, along Saint Andrew\u2019s Bay in Panama City Beach, Florida. CAI Investment Series 2, LLC acquired the property from …Read More ><\/a><\/p>\n","protected":false},"author":1,"featured_media":1460,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":["post-584","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press"],"_links":{"self":[{"href":"https:\/\/royalinkprojects.com\/cai\/wp-json\/wp\/v2\/posts\/584","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/royalinkprojects.com\/cai\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/royalinkprojects.com\/cai\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/royalinkprojects.com\/cai\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/royalinkprojects.com\/cai\/wp-json\/wp\/v2\/comments?post=584"}],"version-history":[{"count":0,"href":"https:\/\/royalinkprojects.com\/cai\/wp-json\/wp\/v2\/posts\/584\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/royalinkprojects.com\/cai\/wp-json\/wp\/v2\/media\/1460"}],"wp:attachment":[{"href":"https:\/\/royalinkprojects.com\/cai\/wp-json\/wp\/v2\/media?parent=584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/royalinkprojects.com\/cai\/wp-json\/wp\/v2\/categories?post=584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/royalinkprojects.com\/cai\/wp-json\/wp\/v2\/tags?post=584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}